Get started
ArcherDAVIS

CUMMINSIND SHORT

Short
CUMMINS INDIA (NSE:CUMMINSIND)  
ArcherDAVIS Updated   
NSE:CUMMINSIND   CUMMINS INDIA
Trend Analysis Chart Patterns Technical Indicators CUMMINSIND short marketanalysis NIFTY nifty50 Nifty Midcap 50
0
0
trendanalysis chartpattern indicator cumminsind short marketanalysis nifty nifty50 niftymidcap50
This pattern appears to show a channel on the down trend. The prices have been consecutively making lower lows and higher highs. Which means that the general trend is downwards.

Strategy:
Short @ 384
SL @ 388.6
T @ 372.85

Strategy fails if the upper trendline is broken.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.